Common use of Loan Repayment Clause in Contracts

Loan Repayment. Unless otherwise specified in subsections (ii) and (iii) below, upon the earlier of the Maturity Date, the Recall Delivery Day (as defined below), or the Redelivery Day (as defined below) for a Loan, Borrower shall repay the entirety of the Loan Balance to Lender by the Close of Business on such day. Digital Currency Loaned Assets shall be repaid directly to a wallet address designated by Lender and USD Loaned Assets shall be repaid directly to a bank account designated by Lender.

Appears in 5 contracts

Sources: Master Loan Agreement (Upexi, Inc.), Master Loan Agreement (Upexi, Inc.), Master Loan Agreement (MEI Pharma, Inc.)